CARRUTH FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- CARRUTH FOUNDATION (EIN 76-0439576)
- Tax period
- 2021-02-01 to 2022-01-31
- Filed
- 2022-12-15
- IRS object ID
- 202223499349100102
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-12-15T07:52:12-06:00 | ReturnTs |
| Tax Period End | 2022-01-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 752393478 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WHITLEY PENN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3737 BUFFALO SPEEDWAY SUITE 1600 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77098 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-02-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760439576 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CARRUTH FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CARR | BusinessNameControlTxt |
| Phone | 7135263012 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2727 ALLEN PARKWAY SUITE 1570 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77019 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BRADY F CARRUTH | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 7135263012 | PhoneNum |
| Signature | 2022-12-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | BRADY | PersonFirstNm |
| Person Last | CARRUTH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JULIE QUARANTA | PreparerPersonNm |
| PTIN | P00960546 | PTIN |
| Phone | 7136211515 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $15,101,093 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $324,680 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $319,169 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,377,865 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,161,550 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,377,865 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $30,719 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $30,719 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,733,264 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,727,753 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,400 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $8,400 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $88,513 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $88,513 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $52 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $52 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $6,885 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,885 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $6,215 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $6,215 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $110,065 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $110,065 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $557,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $557,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $667,565 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $110,065 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $557,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,065,699 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,617,688 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $279,519 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $525,205 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $525,205 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $20,111 | AcctRcvblAmt |
| Acct Rcvbl EOY | $20,111 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $20,111 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $28,873 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $18,762 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $18,762 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $7,312,116 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,779,569 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $10,248,756 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $3,894,451 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,263,915 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,288,259 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $11,514,959 | TotalAssetsBOYAmt |
| Total Assets EOY | $12,607,562 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $15,101,093 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $10,000 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $10,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $11,504,959 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $12,607,562 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $11,504,959 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $12,607,562 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $11,514,959 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $12,607,562 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $11,504,959 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,065,699 | ExcessRevenueOverExpensesAmt |
| Other Increases | $36,904 | OtherIncreasesAmt |
| Subtotal | $12,607,562 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $12,607,562 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (17 entries)
| PropertyPropertyDesc | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|
| NFS # 0928 | 2022-01-31 | $231,784 | $217,326 | $14,458 | $14,458 | |
| NFS # 3168 | 2022-01-31 | $235,824 | $254,671 | -$18,847 | -$18,847 | |
| NFS # 3168 - WASH SALES | 2022-01-31 | $283 | $283 | $283 | ||
| CS #3393 | 2022-01-31 | $1,917,611 | $1,544,000 | $373,611 | $373,611 | |
| NFS # 0214 | 2022-01-31 | $25,049 | $21,546 | $3,503 | $3,503 | |
| NFS # 8809 | 2022-01-31 | $372,242 | $356,103 | $16,139 | $16,139 | |
| NFS # 8809 - WASH SALES | 2022-01-31 | $221 | $221 | $221 | ||
| NFS # 0928 | 2022-01-31 | $387,328 | $226,944 | $160,384 | $160,384 | |
| NFS # 0214 | 2022-01-31 | $111,730 | $53,384 | $58,346 | $58,346 | |
| NFS # 8809 | 2022-01-31 | $55,951 | $42,106 | $13,845 | $13,845 | |
| NFS # 3168 | 2022-01-31 | $760,217 | $659,685 | $100,532 | $100,532 | |
| CS #3393 | 2022-01-31 | $1,972,486 | $1,407,918 | $564,568 | $564,568 | |
| AVALON GLOBAL REAL ASSETS FUND, LP | 2022-01-31 | $2 | -$2 | -$2 | P | |
| AVALON GLOBAL REAL ASSETS FUND, LP | 2022-01-31 | $5,668 | $5,668 | $5,668 | P | |
| BLACKGOLD OPPORTUNITY FUND, LP | 2022-01-31 | $53,274 | $53,274 | $53,274 | P | |
| SECTION 1231 - AVALON GLOBAL REAL ASSETS FUND, LP | 2022-01-31 | $27,653 | $27,653 | $27,653 | P | |
| NFS # 3168 CAPITAL GAIN DISTRIBUTIONS | 2022-01-31 | $4,229 | $4,229 | $4,229 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,377,865 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $22,486 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $22,486 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $22,486 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $14,980 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $14,980 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $7,506 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | TX | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | WILLIAM CLARKE CPA | IndividualWithBooksNm |
| Phone | 7135263012 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2727 ALLEN PARKWAY SUITE 1570 | AddressLine1Txt |
| City | HOUSTON | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77019 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| BRADY F CARRUTH | ||||||||
| 2727 ALLEN PARKWAY SUITE 1570 | HOUSTON | TX | 770192125 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| ALAN SCHUBERT | ||||||||
| 2727 ALLEN PARKWAY SUITE 1570 | HOUSTON | TX | 770192125 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| GENTRY LEE | ||||||||
| 2727 ALLEN PARKWAY SUITE 1570 | HOUSTON | TX | 770192125 | TRUSTEE | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,280,863 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $430,391 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $397,863 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $15,109,117 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $15,109,117 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $226,637 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $14,882,480 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $744,124 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $744,124 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $22,486 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $22,486 | TotalTaxAmt |
| Distributable Before Adj | $721,638 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $721,638 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $721,638 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $557,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $557,500 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $721,638 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $620,000 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $158,594 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $212,274 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $28,448 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $310,037 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,329,353 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $557,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $557,500 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $164,138 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $164,138 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,165,215 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $455,862 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $709,353 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $158,594 | ExcessFromYear4Amt |
| Excess From Year3 | $212,274 | ExcessFromYear3Amt |
| Excess From Year2 | $28,448 | ExcessFromYear2Amt |
| Excess From Year1 | $310,037 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CAMP FOR ALL | ||||||
| 3701 KIRBY DRIVE 570 | HOUSTON | TX | 77098 | PUBLIC | GENERAL SUPPORT | $10,000 |
| HOUSTON MUSEUM OF NATURAL SCIENCE | ||||||
| 5555 HERMANN PARK DRIVE | HOUSTON | TX | 77030 | PUBLIC | GENERAL SUPPORT | $100,000 |
| HOUSTON SPCA | ||||||
| 7007 OLD KATY ROAD | HOUSTON | TX | 77024 | PUBLIC | GENERAL SUPPORT | $200,000 |
| SLIPPERY ROCK UNIVERSITY FOUNDATION | ||||||
| 1 MORROW WAY | SLIPPERY ROCK | PA | 16057 | PUBLIC | GENERAL SUPPORT | $25,000 |
| THE PARISH CHILDREN'S SCHOOL | ||||||
| 11001 HAMMERLY | HOUSTON | TX | 77043 | PUBLIC | GENERAL SUPPORT | $120,000 |
| THEATRE UNDER THE STARS | ||||||
| 800 BAGBY ST UNIT 200 | HOUSTON | TX | 77002 | PUBLIC | GENERAL SUPPORT | $7,500 |
| THE PRESBYTERIAN SCHOOL | ||||||
| 5300 MAIN ST | HOUSTON | TX | 77004 | PUBLIC | GENERAL SUPPORT | $60,000 |
| SARATOGA SPRINGS PRESERVATION FDN | ||||||
| 112 SPRING ST STE 203 | SARATOGA SPRINGS | NY | 12866 | PUBLIC | GENERAL SUPPORT | $25,000 |
| LEUKEMIA & LYMPHOMA SOCIETY | ||||||
| 3 INTERNATIONAL DRIVE SUITE 200 | RYE BROOK | NY | 10573 | PUBLIC | GENERAL SUPPORT | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $557,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $324,680 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $30,719 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,377,865 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,733,264 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,733,264 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (4 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
| 4 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
| 5 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
| 8 | INVESTMENT IN PASSIVE K-1 ACTIVITY |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $8,400 | Amt |
| Net Investment Income | $8,400 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AMEGY INVESTMENTS - FUND A | $811,037 | $1,364,062 |
| FIDELITY INVESTMENTS - FUND C | $2,381,578 | $3,172,324 |
| FID INV-214 | $1,462,673 | $1,884,370 |
| SCHWAB INVESTMENTS - STOCKS | $2,138,541 | $2,573,869 |
| FID INV-809 | $985,740 | $1,254,131 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| SCHWAB INVESTMENTS - FIXED INC | AT COST | $3,969,695 | $3,916,467 |
| FIDELITY INV A - PRIVATE EQUITY | AT COST | $294,220 | $371,792 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $97 | $97 | $0 |
| OTHER FEES | $11 | $11 | $0 |
| 2% PORTFOLIO EXPENSE - PARTNERSHIP | $6,048 | $6,048 | $0 |
| NONDEDUCTIBLE EXPENSE - PARTNERSHIP | $41 | $41 | $0 |
| AVALON GLOBAL REAL ASSETS FUND, LP - CONTRIBUTIONS | $17 | $17 | $0 |
| BLACKGOLD OPPORTUNITY FUND, LP - CONTRIBUTIONS | $1 | $1 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| GUARANTEED PMT- BLACKGOLD OPPORTUNITY FUND LP | $892 | $892 | $892 |
| ORDINARY INCOME - BLACKGOLD OPPORTUNITY FUND, LP | $703 | $703 | $703 |
| RENTAL INCOME - AVALON GLOBAL REAL ASSET FUND, LP | -$2,528 | -$2,528 | -$2,528 |
| DIVIDEND INCOME - AVALON GLOBAL REAL ASSET FUND, LP | $12,190 | $12,190 | $12,190 |
| ORDINARY INCOME - AVALON GLOBAL REAL ASSET FUND, LP | $13,407 | $13,407 | $13,407 |
| INTEREST INCOME - PASSIVE K-1 ACTIVITY | $5,240 | $5,240 | $5,240 |
| OTHER INCOME - PASSIVE K-1 ACTIVITY | $781 | $781 | $781 |
| WELLS FARGO SETTLEMENT | $34 | $34 | $34 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BASIS ADJUSTMENT | Desc |
| Amt | $36,904 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXTENSION PAYABLE | Desc |
| BOY Book Value | $10,000 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $88,513 | Amt |
| Net Investment Income | $88,513 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN DIVIDEND TAX | $1,432 | $1,432 | $0 |
| NET INVESTMENT INCOME TAX | $5,453 | $5,453 | $0 |
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